Agricultural Bank of China starts RMB settlement in UAE

ABC said in a media statement at the opening ceremony that the new branch is to improve ABC's global settlement business, contribute to internationalization of yuan, and support the Belt and Road Initiative. Its Dubai Branch will provide diversified ... ( read original story ...)

Manipulation’s Persistence and Comex’ Demise

Dubai has historically been a central hub for gold trading ... So feel free to fire a couple traders and seed their new hedge funds. Then do all your deals with them via a closely held Singapore shell in which you control the voting shares. ( read original story ...)

Outlook for Dubai and Abu Dhabi property markets remains soft

Property prices and rents continue to fall moderately in Dubai with the latest analysis report projecting a further softening of the residential real estate markets in the months ahead. In the first quarter of 2017, quarterly apartment lease rates fell by ... ( read original story ...)

Abu Dhabi Crown Prince to meet Trump at White House

US President Donald Trump will host His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, next week, the White House said on Tuesday. White House press secretary Sean Spicer said ... ( read original story ...)

Abu Dhabi Crown Prince the Next Arab Leader to Meet With Trump

US President Donald Trump will meet with Abu Dhabi's Crown Prince Sheikh Mohamed bin Zayed al-Nahyan next week in Washington, the White House announced on Tuesday. The meeting on May 15 with the prince, who is also the Deputy Supreme Commander of the UAE's ... ( read original story ...)

Why you should invest in Dubai’s real estate…

It does seem surreal for boundless vistas of desert to co-exist with some of the planet's most magnificent property and man-made waterways. To its credit, Dubai has made this seem less like a paradox. This megapolis of 2.7 million people is rapidly growing ... ( read original story ...)

Digital investment fund plans to raise $300m

Alphabit is registered in Dubai and the Cayman Islands. Fees include 2.5% for management and 45% for performance. The latter will only apply if the fund outperforms the price of Bitcoin, said Robertson, a former currency trader at hedge fund Light Peak ... ( read original story ...)

East European woman with no ID papers stuck in Dubai

She has been in Dubai for three years now but we are working to solve her problem,” Brigadier Al Murr told Gulf News. The 27-year-old woman came to Dubai in 2011 on a visit visa and she was arrested later for staying in the country illegally and was ... ( read original story ...)

Dubai’s Newest Police Cars Are All-Electric BMWs

Dubai's police force, famous for its stable of exotic supercars, has added yet another high-tech, rear-wheel-drive vehicle to its fleet. With a top speed of about 95 miles (150 kilometres) per hour, the BMW i3 will probably leave any high-speed chases to ... ( read original story ...)